muikabochi 208 Posted March 12, 2009 Share Posted March 12, 2009 I'd be doing something like that if I had the funds to play with. Link to post Share on other sites
bobby12 0 Posted March 26, 2009 Share Posted March 26, 2009 Yes I also really dont know what to do with my money now. I'm sending it back to UK, but as you say theres no benefit anymore. Im getting 2% interest but that ends this summer and Ill be on 0% interest. I want to buy a house, but first I have to move back to UK and wait for (a) house prices to finish falling and ( lenders to start lending again at reasonable rates (6.5% is not reasonable when bank rate is 0.5%). Im hoping that will happen 6-12 months from now but it is based on nothing more than hope. Link to post Share on other sites
xxx 2 Posted March 27, 2009 Share Posted March 27, 2009 Regarding buying a house in the UK, if you have no chain behind you as well as able to pay cash, I bet you could talk down the price of property in the UK right now quite easily. When do 'they' say the market is going to be at it's lowest? Link to post Share on other sites
bobby12 0 Posted March 27, 2009 Share Posted March 27, 2009 Well you need a huge deposit (about 25%) to get a loan anyway. That rules out a lot of first time buyers like me unless they are buying a bedsit in Inverness. Link to post Share on other sites
big-will 7 Posted March 27, 2009 Share Posted March 27, 2009 At least it would be fairly near the Cairgnorms.... Link to post Share on other sites
thursday 1 Posted March 27, 2009 Share Posted March 27, 2009 and with the ratio capped at 3 times your annual. Link to post Share on other sites
Tubby Beaver 209 Posted March 27, 2009 Share Posted March 27, 2009 Isn't Inverness quite expensive to buy a house? Maybe you could get a nice 3 bedroom house in Easterhouse Glasgow Link to post Share on other sites
thursday 1 Posted March 27, 2009 Share Posted March 27, 2009 or you could try Wales. A whole street even. Link to post Share on other sites
NoFakie 45 Posted March 27, 2009 Share Posted March 27, 2009 Ghetto landlord is an easy way to make money. Housing benefit is a great payer. Tenants might do damage, but if it costs you next to nothing in the first place, it doesn't matter so much. You can always hire a couple of heavies to keep people in line. The only other houses worth buying at the moment are repo'ed ones. You've got to be on the spot and know the local market inside out though. More so than ordinary property even. Link to post Share on other sites
brit-gob 9 Posted March 29, 2009 Author Share Posted March 29, 2009 There's an interesting ad that "UK" is running now emphasising how cheap it is compared to usual due to the exchange rates. '40% off everything! All the time!' Link to post Share on other sites
bobby12 0 Posted April 6, 2009 Share Posted April 6, 2009 FTSE made a bit of a recovery after this G20 meeting. GBP is almost at 150 now. I'm rooting for strong pound and high interest rates now 100% - but it ain't gonna happen! Link to post Share on other sites
scouser 4 Posted April 6, 2009 Share Posted April 6, 2009 Sending some today I think before it climbs any more. Link to post Share on other sites
grungy-gonads 54 Posted April 6, 2009 Share Posted April 6, 2009 Worst it has been since October for sending money home. Having said that still really good. Perhaps the party will soon be over. I've been able to send near on 3.5 million since then and got an average rate of 146.50 on that lot. Reckon I've made about 8500 pounds on what I normally would have. Goes some way to make up on the pathetic interest rates. Link to post Share on other sites
BagOfCrisps 24 Posted April 6, 2009 Share Posted April 6, 2009 Very nice return. Link to post Share on other sites
rach 1 Posted April 7, 2009 Share Posted April 7, 2009 I wish I could have done that! How's the Aussie $ doing? Link to post Share on other sites
bobby12 0 Posted April 7, 2009 Share Posted April 7, 2009 Does anyone know about singapore dollar? it seems to have been fairly ok vs the yen, gone down about 10% over the last 6 months? much better than GBP etc. Link to post Share on other sites
JA2340 16 Posted April 7, 2009 Share Posted April 7, 2009 Originally Posted By: rach I wish I could have done that! How's the Aussie $ doing? As at now, the AUD will buy 69.4 Yen at Travelex online. Better by far than the miserable 56 we had to take when we were heading over in January! Link to post Share on other sites
BlackpoolTower 0 Posted April 8, 2009 Share Posted April 8, 2009 We were planning to maybe visit Japan this last season but the pound getting battered was just too much. It seems to be gaining a bit now, so it's wait and see but we'd love to make the trip this coming winter. Link to post Share on other sites
Hokkaidough 4 Posted April 8, 2009 Share Posted April 8, 2009 Lots of people will be hoping with you............ Link to post Share on other sites
klingon 10 Posted April 11, 2009 Share Posted April 11, 2009 I know a few people myself - including my best friend - who are wanting to come but just waiting now for that rate to go back their way. I bet a lot of people in that situation right now. Link to post Share on other sites
BagOfCrisps 24 Posted April 13, 2009 Share Posted April 13, 2009 Pound goes back down a bit again - looks like it's not for shifting bit time any time soon. Link to post Share on other sites
thursday 1 Posted April 14, 2009 Share Posted April 14, 2009 Easter flights from HKG to LHR and back. Half empty. Whole row to your self for a good night's sleep. Told to me by 2 returning colleagues today. Link to post Share on other sites
HelperElfMissy 42 Posted April 14, 2009 Share Posted April 14, 2009 Was same on domestic QANTAS - Syd to Perth - Easter Sunday. Not good news for the airlines, and after news on todays ABC online page - not good news for staff or for US as passengers in the future. News Story - QANTAS CUTS JOBS Will be same for other airlines if they are only half filling flights. Link to post Share on other sites
Tubby Beaver 209 Posted April 14, 2009 Share Posted April 14, 2009 already paid for my ticket in full for the summer, so couldn't give a hoot.....unless it goes for cheaper!! Link to post Share on other sites
rach 1 Posted April 14, 2009 Share Posted April 14, 2009 Same here paid in full, all done. Even if it goes a bit cheaper, I won't be too bothered as I got the dates I wanted and it was extremely cheap anyway. Won't look just to be sure I'm not bothered by it! Link to post Share on other sites
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